South Korea Peracetic Acid Market (2025-2030)
The South Korea Peracetic Acid Market was valued at $25.3 Million in 2025 and projected to reach to $37.4 Million by 2030, representing a compound annual growth rate of 8.15%. South Korea's peracetic acid market is poised for substantial expansion through 2030, driven by escalating demand from water treatment facilities modernizing infrastructure and food processing companies implementing advanced sanitation protocols.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
South Korea Peracetic Acid Market Trends and Insights
- The market in South Korea is expected to expand significantly, reaching USD 37.4 million by 2030, driven by increasing demand from water treatment, food processing, and pharmaceutical sterilization applications.
- South Korea's advanced manufacturing base and stringent environmental regulations are accelerating adoption of peracetic acid as a preferred disinfectant and oxidizing agent. The growth trajectory in South Korea reflects broader regional trends toward sustainable and effective antimicrobial solutions.
- South Korea's chemical sector, supported by strong industrial infrastructure and R&D investment, continues to drive innovation in peracetic acid formulations and applications.
- Between 2025 and 2030, South Korea is anticipated to experience steady market expansion, with the 8.15% compound annual growth rate underscoring robust demand across multiple end-use industries and the country's commitment to advanced sanitation standards..
Key Market Statistics
- CAGR (2025-2030) 8.15% CAGR
- Market Size, 2025 ~USD 25.3 Million
- Forecast, 2030 ~USD 37.4 Million
- Country South Korea
South Korea Peracetic Acid Market Overview
Market Valuation :
South Korea's peracetic acid market is valued at USD 25.3 million in 2025, with projected growth to USD 37.4 million by 2030, representing a robust 8.15% CAGR.
Key Application Sectors :
Water treatment, food processing, and pharmaceutical sterilization are the primary drivers of peracetic acid demand in South Korea, leveraging the country's advanced manufacturing capabilities.
Regional Position :
South Korea represents a significant segment within the Asia Pacific chemicals industry, benefiting from its strong industrial base and stringent quality standards in manufacturing.
Growth Trajectory :
With an 8.15% CAGR outpacing global growth rates, South Korea's market demonstrates accelerating adoption driven by regulatory compliance and industrial modernization initiatives.
South Korea Peracetic Acid Market Dynamics
- The pharmaceutical sector's growth, coupled with South Korea's commitment to environmental sustainability, creates favorable conditions for market penetration.
- Regulatory frameworks emphasizing food safety and water quality standards further accelerate adoption across industrial applications. The country's advanced manufacturing ecosystem and technological innovation capabilities position it as a regional hub for peracetic acid utilization.
- Investment in green chemistry and sustainable sterilization methods aligns with South Korea's industrial policy priorities.
- Market participants can expect increased competition and consolidation as multinational suppliers expand operations to capture growing demand from export-oriented manufacturing sectors..
Related Ecosystem
Bulk Chemicals And Inorganics
- Corrosion Inhibitors
- Glycol Ethers
- Acetic Acid
- Acetone
- Ammonium Nitrate
- Basf se
- DOW CHEMICAL COMPANY
- Exxon Mobil Corporation
- AZELIS HOLDINGS SA
- Sinopec limited
Speciality Chemicals
- Corrosion Inhibitors
- Polyetheretherketone (PEEK)
- Acrylonitrile Butadiene Styrene (ABS)
- Epoxy Resin
- Polycarbonate
- Basf se
- DOW CHEMICAL COMPANY
- Evonik industries ag
- Clariant ag.
- Solvay sa
Water Purification
- Corrosion Inhibitors
- Cartridge Filters
- Fiberglass
- Reverse Osmosis
- Acetone
- Veolia
- Kemira oyj
- SOLENIS
- Basf se
- CALGON CARBON CORPORATION
Key Takeaways
- South Korea's peracetic acid market is valued at USD 25.3 million in 2025 and is projected to reach USD 37.4 million by 2030.
- South Korea is experiencing an 8.15% CAGR, reflecting strong demand from water treatment, food processing, and pharmaceutical sterilization sectors.
- South Korea's stringent environmental regulations and advanced manufacturing infrastructure are key drivers of peracetic acid adoption.
- South Korea's market growth is supported by continuous R&D investment and innovation in antimicrobial and oxidizing agent formulations.
Peracetic Acid Market Report Scope
| Report Metric | Details |
|---|---|
| Base Year | 2025 |
| Fastest Growing Segment | –LAUNDRIES (End-Use Industry) |
| Forecast Period | 2025–2030 |
| Growth Rate | CAGR of 8.5% from 2025 to 2030 |
| Largest Segment | 5–15% GRADE (Grade) |
| Market Size Base Year (Billions) | ~USD 1.11 (2025) |
| Revenue Forecast (Billions) | ~USD 1.67 (2030) |
| Segments Covered | Grade, Application, End-Use Industry |
South Korea Peracetic Acid Market Report Segmentation
3 segment dimensions are covered across the global market.
By Grade
- 5–15% Grade
- <5% Grade
- >15% Grade
By Application
- Disinfectant
- Sanitizer
- Sterilant
By End-Use Industry
- Food & Beverage
- Healthcare
- Pulp & Paper
- Water Treatment
- –Agriculture
- –Breweries
- –Laundries
- –Laundry
- –Wineries
Target Audience
- Chemical Manufacturers & Suppliers : Identify market entry opportunities and expansion strategies in South Korea's growing peracetic acid segment, with insights into application-specific demand and competitive positioning.
- Water Treatment Operators : Understand peracetic acid adoption trends and cost-benefit analysis specific to South Korea's water treatment infrastructure modernization and regulatory compliance requirements.
- Food & Beverage Processors : Access market data on sterilization solutions and sanitation protocols driving peracetic acid demand in South Korea's food processing industry to optimize procurement strategies.
- Pharmaceutical & Healthcare Companies : Evaluate peracetic acid market dynamics in South Korea's pharmaceutical sterilization sector to support supply chain planning and regulatory compliance in manufacturing operations.
- Investment & Strategy Consultants : Leverage South Korea-specific market intelligence for due diligence, portfolio analysis, and strategic recommendations to clients in the chemicals and industrial sectors.
Key Companies in the South Korea Peracetic Acid Market
| Company | HQ | Ownership | Strongest segments |
|---|---|---|---|
| HELM AG | Germany | Private Company | Basic chemicals, acids and lyes, and industrial specialties,Plastics and polyurethanes,Crop protection and fertilizers, |
| NALCO COMPANY | United States | Private Company | Industrial water treatment programs,Process improvement chemicals,Equipment, monitoring, and digital solutions, |
| STERIS CORPORATION | United States | Public Company | Healthcare infection prevention & capital equipment,Applied Sterilization Technologies (contract sterilization),Life Sciences (pharma/biopharma solutions), |
| SOLVAY | Belgium | Public Company | Soda ash and derivatives,Sodium bicarbonate,Hydrogen peroxide, |
| EVONIK INDUSTRIES AG | Germany | Public Company | Advanced Technologies,Custom Solutions,Infrastructure, |
| ECOLAB INC. | United States | Public Company | Global Water,Global Institutional & Specialty,Global Pest Elimination, |
| MITSUBISHI GAS CHEMICAL COMPANY | Japan | Public Company | Basic chemicals (methanol, formalin, hydrogen peroxide, ammonium hydroxide),Functional chemicals and performance chemicals,Engineering plastics and resins (polycarbonate, polyacetal, unsaturated polyester, molding compounds), |
| NATIONAL PEROXIDE LIMITED | India | Public Company | Investment income (equity, debt, strategic holdings),Leasing income,Chemicals trading, |
| KEMIRA OYJ | Finland | Public Company | Water Solutions,Packaging & Hygiene Solutions,Fiber Essentials, |
HELM AG
HELM AG is a German private company founded in 1900 with 1,430 employees.
NALCO COMPANY
NALCO COMPANY is a United States-based private company founded in 1928 with 12,495 employees.
STERIS CORPORATION
STERIS CORPORATION is a publicly traded United States company founded in 1985 with 17,937 employees.
SOLVAY
SOLVAY is a Belgian public company founded in 1863 with 8,400 employees.
EVONIK INDUSTRIES AG
EVONIK INDUSTRIES AG is a German public company founded in 1847 with 30,643 employees.
ECOLAB INC.
ECOLAB INC. is a publicly traded United States company founded in 1923 with 48,000 employees.
MITSUBISHI GAS CHEMICAL COMPANY
MITSUBISHI GAS CHEMICAL COMPANY is a Japanese public company founded in 1918 with 8,319 employees.
NATIONAL PEROXIDE LIMITED
NATIONAL PEROXIDE LIMITED is an Indian public company founded in 1954.
KEMIRA OYJ
KEMIRA OYJ is a Finnish public company founded in 1920 with 4,871 employees.
Reasons to Buy this Report
- Market-Specific Sizing & Forecasts : Access precise valuation data for South Korea's peracetic acid market (USD 25.3M in 2025, USD 37.4M in 2030) with country-specific CAGR analysis to inform investment and expansion decisions.
- Sector-Focused Application Insights : Understand demand drivers specific to South Korea's water treatment, food processing, and pharmaceutical sterilization sectors, enabling targeted product development and market positioning strategies.
- Competitive Landscape Intelligence : Gain insights into South Korea's advanced manufacturing base and regulatory environment to identify competitive advantages and partnership opportunities within the regional chemicals market.
- Growth Opportunity Assessment : Evaluate the 8.15% CAGR trajectory against global benchmarks to prioritize South Korea as a high-growth market for resource allocation and strategic planning.
- Regulatory & Compliance Framework : Navigate South Korea's stringent quality standards and environmental regulations with market intelligence tailored to the country's industrial compliance requirements and sustainability initiatives.
Frequently asked questions
What is the current market size of peracetic acid in South Korea?
South Korea's peracetic acid market is valued at USD 25.3 million in 2025 and is expected to grow to USD 37.4 million by 2030.
What is the projected growth rate for peracetic acid in South Korea?
South Korea's peracetic acid market is projected to grow at a compound annual growth rate (CAGR) of 8.15% from 2025 to 2030.
Which industries drive peracetic acid demand in South Korea?
In South Korea, primary demand drivers include water treatment, food processing, pharmaceutical sterilization, and healthcare disinfection applications.
Why is peracetic acid adoption increasing in South Korea?
South Korea's stringent environmental regulations, advanced manufacturing standards, and emphasis on effective antimicrobial solutions are driving increased adoption of peracetic acid.
How does South Korea's market compare to the broader Asia Pacific region?
South Korea's 8.15% CAGR reflects strong regional demand, with the country's advanced industrial base and regulatory environment positioning it as a significant market within Asia Pacific.
RESEARCH METHODOLOGY
The study involved four major activities to estimate the current size of the peracetic acid market. Exhaustive secondary research was conducted to gather information on the market. The next step was to conduct primary research to validate these findings, assumptions, and sizing with the industry experts across the value chain. Both top-down and bottom-up approaches were used to estimate the total market size. The market size of segments and subsegments was then estimated using market breakdown and data triangulation.
Secondary Research
Secondary sources include annual reports of companies, press releases, investor presentations, white papers, articles by recognized authors, and databases, such as D&B, Bloomberg, Chemical Weekly, and Factiva, and publications and databases from associations.
Primary Research
Extensive primary research was carried out after gathering information about the peracetic acid market through secondary research. In the primary research process, experts from the supply and demand sides have been interviewed to obtain qualitative and quantitative information and validate the data for this report. Questionnaires, emails, and telephonic interviews were used to collect primary data. Primary sources from the supply side include industry experts, such as chief executive officers (CEOs), vice presidents (VPs), marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the peracetic acid market. Primary interviews were conducted to obtain information such as market statistics, revenue data collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also assisted in comprehending the various trends associated with grade, application, end-use industry and region.
Breakdown of Primary Interviews
Note: Tier 1, Tier 2, and Tier 3 companies are classified based on their market revenue in 2023/2024, available in the public domain, product portfolios, and geographical presence.
Other designations include consultants and sales, marketing, and procurement managers.
To know about the assumptions considered for the study, download the pdf brochure
| COMPANY NAME | DESIGNATION | |
|---|---|---|
| Solvay | Sales Manager | |
| Evonik Industries AG | Project Manager | |
| MITSUBISHI GAS CHEMICAL COMPANY, INC. | Individual Industry Expert | |
| Ecolab Inc. | Manager | |
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the peracetic acid market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry have been identified through extensive secondary research.
- The supply chain of the industry has been determined through primary and secondary research.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
- All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
Data Triangulation
After arriving at the overall market size, the market has been split into several segments. To complete the overall market engineering process and arrive at the exact statistics for all segments, the data triangulation and market breakdown procedures have been employed, wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.
Market Definition
Peracetic acid (PAA), also known as peroxyacetic acid, is a colorless, pungent-smelling organic compound widely used as a powerful biocide and oxidizing agent. It is produced through the reaction of acetic acid and hydrogen peroxide in the presence of an acidic catalyst. Available in concentrations ranging from below 5% to 35%, it is extensively used in food & beverage sanitation, healthcare sterilization, water treatment, and pulp & paper industries. Known for its strong antimicrobial efficacy and environmentally friendly decomposition into acetic acid, water, and oxygen, peracetic acid is considered a superior disinfectant, aligning well with sustainability goals and stringent regulatory standards.
Stakeholders
- Peracetic Acid Manufacturers
- Raw Material Suppliers
- Manufacturing Technology Providers
- Industry Associations
- End Users such as Healthcare, Water Treatment, Food, and Pulp & Paper Sectors
- Traders, Distributors, and Suppliers of Peracetic Acid
- Government and Research Agencies and Regional Organizations
Report Objectives
- To analyze and forecast the size of the global peracetic acid market in terms of value and volume
- To provide detailed information about the important drivers, restraints, challenges, and opportunities influencing market growth
- To define, describe, and segment the market based on grade, application, end-use industry, and region
- To forecast the size of the market segments based on regions such as Asia Pacific, North America, Europe, the Middle East & Africa, and South America
- To strategically analyze the segmented markets with respect to individual growth trends, prospects, and contributions to the overall market
- To identify and analyze opportunities for stakeholders in the market
- To analyze competitive developments such as expansions, partnerships & collaborations, mergers & acquisitions, agreements, and product launches in the market
- To strategically profile the key companies and comprehensively analyze their core competencies
Get the Full Peracetic Acid Market Report
Full forecast, segment splits, and company analysis for all Peracetic Acid Market.
- China Peracetic Acid Market
- India Peracetic Acid Market
- Japan Peracetic Acid Market
- Canada Peracetic Acid Market
- Mexico Peracetic Acid Market
- US Peracetic Acid Market
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- UK Peracetic Acid Market
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- South Africa Peracetic Acid Market
- South America Peracetic Acid Market
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